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Exxon Mobil Corp. earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier. Removing certain items, earnings were $2.27 per share.
Exxon has also announced its latest dividend payout increase, hiking the quarterly rate by 4% to $0.99 per share which yields 3.3% on a forward basis. Overall, there's a lot to like about Exxon.
Exxon's bold 2030 plan. Exxon expects to deliver an incremental $20 billion in earnings and $30 billion in cash flow by 2030. That implies the oil giant will grow its earnings at a 10% annual rate ...
Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion ...
ExxonMobil Chemical is a petrochemical company that was created by merging Exxon's and Mobil's chemical industries in 1999. Its principal products include basic olefins and aromatics , ethylene glycol , polyethylene , and polypropylene along with speciality lines such as elastomers , plasticizers , solvents , process fluids, oxo alcohols and ...
Exxon paid $4.3 billion of dividends, the second highest in the S&P 500. It also repurchased $5.2 billion worth of its shares, which led its peers. It also repurchased $5.2 billion worth of its ...
Exxon Mobil Corporation (NYSE:XOM) shares are trading higher today. The oil giant anticipates changes in oil prices to reduce third-quarter upstream earnings Q/Q by $(1.0) billion to $(0.6) billion.
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1866 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
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